The Board of Lloyds Metals & Energy at its meeting held on 08 December 2023 has approved the following:
1. Took note of the Mineral Resource Report as received from TATA Steel
Industrial Consulting (TSIC), consulting arm of Tata Steel for the Surjagarh Iron Ore Mine of the Company.
In its report TSIC estimates a geological resource of 863 Million Tonnes which comprises of 157 Million Tonnes of Iron Ore and 706 Million Tonnes of Banded Hematite Quartzite (BHQ).
2. Approved expansion of iron ore mining capacity of the Company upto 55 Million Tonnes Per Annum.
3. Approved establishment of 45 Million Tonnes Per Annum Banded Hematite Quartzite (BHQ) Beneficiation Plant at Hedri, District Gadchiroli.
4. Approved establishment of 3 Million Tonnes Per Annum Integrated Steel Plant at Konsari, District Gadchiroli.
5. Approved enhancement of the earlier approved 1 X 4 Million Tonnes Per Annum Pellet Plant to 2 X 4 (i.e.,8) Million Tonnes Per Annum Pellet Plant at Konsari, District Gadchiroli. |